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UK Parliament · Public Bill · No. 0932

Financial Services Act 2012

[As Introduced]
A
BILL
to

This Act reorganises how the UK government oversees banks, insurance companies, and investment firms. It replaces the old regulator with two new ones and gives them tougher powers to make sure financial companies operate fairly and safely with people's money.

Presented by Mr George Osborne
supported by Lord Sassoon.
✓ Passed into lawPublicLords
Official Ballot · The People's Chamber

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The people's count15 votes
100% Aye · 150% No · 0
MPs' vote626 MPs
57% Ayes · 35543% Noes · 271
The democratic gap

43% , a wide gap

Bill passage

Commons

  • 1st reading26 Jan 2012
  • 2nd reading6 Feb 2012
  • Committee stage21 Feb 2012
  • Report stage23 Apr 2012
  • 1st reading10 May 2012
  • 2nd reading10 May 2012
  • Report stage22 May 2012
  • 3rd reading22 May 2012

Lords

  • 1st reading23 May 2012
  • 2nd reading11 Jun 2012
  • Committee stage26 Jun 2012
  • Report stage6 Nov 2012
  • 3rd reading5 Dec 2012